14 Steed AveWest NewburyMA01985
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in West Newbury at 14 Steed Ave, West Newbury, MA, 01985 offers a 2.98% rental yield on a $1,494,000 purchase with $3,708/mo rent. 22% in year one. Equity gained on principal adds $9,641/yr while 5% annual appreciation supports $412,765 over five years. Portfolio math shows five-year ROI at 29.48% and total cumulative return in cash at $142,704. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,708/mo property income against a $7,312/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01985, West Newbury, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,550 (89.3%) |
| Renter Occupied HU | 123 ( 7.1%) |
| Vacant Housing Units | 62 ( 3.6%) |
| Median Home Value | $848,435 |
| Average Home Value | $873,390 |
Housing Distribution
Address Breakdown
Residential
1,624
Single Family
1,610
Multi-Family
14
Businesses
88
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Listed by: Maritza MacLeod • Churchill Properties
Mls Name: MLS PIN
Mls ID: #73454564